GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Antelope Enterprise Holdings Ltd (STU:C9E2) » Definitions » Cyclically Adjusted PB Ratio

Antelope Enterprise Holdings (STU:C9E2) Cyclically Adjusted PB Ratio : (As of May. 17, 2024)


View and export this data going back to 2010. Start your Free Trial

What is Antelope Enterprise Holdings Cyclically Adjusted PB Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PB Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Antelope Enterprise Holdings Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Antelope Enterprise Holdings's Cyclically Adjusted PB Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Antelope Enterprise Holdings Cyclically Adjusted PB Ratio Chart

Antelope Enterprise Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.01 0.01 0.01 0.01 -

Antelope Enterprise Holdings Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Cyclically Adjusted PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.01 - 0.01 - -

Competitive Comparison of Antelope Enterprise Holdings's Cyclically Adjusted PB Ratio

For the Building Products & Equipment subindustry, Antelope Enterprise Holdings's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Antelope Enterprise Holdings's Cyclically Adjusted PB Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Antelope Enterprise Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Antelope Enterprise Holdings's Cyclically Adjusted PB Ratio falls into.



Antelope Enterprise Holdings Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Antelope Enterprise Holdings's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Antelope Enterprise Holdings's adjusted Book Value per Share data for the fiscal year that ended in Dec23 was:

Adj_Book=Book Value per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=15.456/114.7809*114.7809
=15.456

Current CPI (Dec23) = 114.7809.

Antelope Enterprise Holdings Annual Data

Book Value per Share CPI Adj_Book
201412 2,228.439 99.000 2,583.659
201512 1,817.303 100.600 2,073.476
201612 1,125.428 102.600 1,259.041
201712 693.558 104.500 761.791
201812 186.201 106.500 200.679
201912 143.776 111.200 148.406
202012 33.303 111.500 34.283
202112 11.825 113.108 12.000
202212 0.176 115.116 0.175
202312 15.456 114.781 15.456

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Antelope Enterprise Holdings  (STU:C9E2) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Antelope Enterprise Holdings Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Antelope Enterprise Holdings's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Antelope Enterprise Holdings (STU:C9E2) Business Description

Traded in Other Exchanges
Address
Zhonghai International Center, Room 1802, Block D, Hi-Tech Zone, Sichuan Province, Chengdu, CHN
Antelope Enterprise Holdings Ltd is a manufacturer of ceramic tiles in China. Its ceramic tiles are used for exterior siding, interior flooring, and design in residential and commercial buildings. The company's products are Porcelain, Glazed, Glazed porcelain, Rustic, and Ultra-thin tiles which are sold under the Hengda or HD brand, the Hengdeli or HDL brand, TOERTO, WULIQIAO, and Pottery Capital of Tang Dynasty brands. It also provides business management consulting, information system technology consulting services including the sales of software use rights for digital data deposit platforms and asset management systems, and online social media platform development and consulting.

Antelope Enterprise Holdings (STU:C9E2) Headlines

No Headlines